News & Events

Thailand: An Opportunity for Islamic Finance?

July 2014 | Rebecca Simmonds, Islamic Finance News


Despite the introduction of an act relating to Islamic finance in 2002, the industry in Thailand has seen little developmental progress over the years, due to minimal support from the Thai government for a comprehensive legislative and regulatory system for the sector. As the country’s sole Islamic bank, the Islamic Bank of Thailand, recovers from a particularly tumultuous 2013, Rebecca Simmonds explores the current condition of Thailand’s Islamic finance offering.

The Regulatory Process for THB Bond Offerings in Thailand by Foreign Issuers

March 2012 | Doungporn Prasertsomsuk, Clifford Chance


This briefing note provides a short overview of the regulatory requirements imposed by the Office of the Securities and Exchange of Thailand (SEC) for THB bond/debenture offerings in Thailand (Offering) by foreign issuers or any special purpose vehicle established by a foreign government organisation/entity or by any foreign entity, for the purpose of securitisation in Thailand (collectively, the ‘Issuer’). It is not intended to be comprehensive and should not be used as a substitute for taking legal advice in the context of a particular transaction.

Thailand: Regulatory requirements for Sukuk issuances and tax incentives

July 2011 | Siripen Kaodara and Stephen Jaggs, Allen & Overy


Siripen Kaodara and Stephen Jaggs discuss the Thai laws that have brought advancement in the country’s Islamic finance industry. Thailand has a Muslim population of approximately nine million and an Islamic banking system which dates back to 1998. However, it previously lacked the necessary legal infrastructure for high profile Islamic products such as sukuk. Today, Thailand has advanced a few further steps into the growing Islamic finance market by developing its laws.

Interview with Brook Tellwright, CEO of Ton Poh Capital

January 2006 | Eurekahedge


The Ton Poh Emerging Thailand Fund is managed by Ton Poh Capital, whose CEO is Brook Tellwright and advised by Bangkok-based Hunters Asset Management, whose CEO is Jeep Chatikavanij. Brook was previously an employee of British investment bank, Cazenove & Co. He has 20 years' experience, four of which were in Thailand, in analytical and fund management roles. Jeep was formerly director of institutional broking at Jardine Fleming Thanakom Securities. Jeep has been in the securities industry for 15 years now, and has founded Hunters in 2004.

Interview with Doug Barnett, Fund Manager of Thai Focused Equity Fund Limited

November 2003 | Eurekahedge


Doug Barnett, President, has 14 years' of experience in the investment banking and fund management business, specialising in the Thai stock market. The Thai Focused Equity Fund is a long/short Asian equities fund, with a strong long bias and a bottom-up value approach.